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The Roundtable: Hedging Crypto Losses

In tough times especially, the key is in the "boring stuff."

Bill Barhydt and Mark Lopresti joined Roundtable at the BattleFin conference in Miami to discuss investment, value, and regulation in the cryptocurrency market. In this segment, they discuss the recent dips—and how to survive them.

Barhydt, the CEO of crypto investing platform Abra, explains that their practices have allowed them to hedge against the kinds of losses that others in the crypto space have suffered.

"When you offer a crypto banking platform to institutional investors, private clients, high net worth clients and consumers in a hundred countries, you have to have sound risk-management policies. You have to be customer-centric," he says. 

"You have to take a heavy-handed approach to dealing with compliance and regulation. That sounds really boring, but when the proverbial shit hits the fan as it has for a couple of companies in the last few weeks, that boring stuff starts to pay massive dividends," 

LoPresti adds that such dips are to be expected.

"Any new asset class has to go through growing pains, and those growing pains often involve a flushing out of the weaker players," h says. 

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"We saw it in the beginning of the.com boom. It happens in real estate. It happens in every market, but especially in emerging asset classes, and crypto is an emerging asset class."

Watch the full discussion below:

Roundtable Guests:

Bill Barhydt, CEO, Abra

Marc Lopresti, Co-founder, BattleFin